Investors are betting Responsys Inc. and Constant Contact Inc. will be the next targets for companies seeking to beef up their online-marketing technology after Salesforce.com Inc.’s $2.5 billion purchase of ExactTarget Inc.
Nomura Holdings Inc. named Steven Ashley as global head of fixed income following the resignations of two top bankers who joined when Japan’s biggest brokerage bought Lehman Brothers Holdings Inc. operations in 2008.
Adobe Systems Inc. rose to the highest price since 2008 after reporting sales and profit that exceeded analysts’ estimates as more customers flocked to online versions of the company’s graphic-design software.
Red Hat Inc., the largest seller of Linux operating-system software, fell after reporting fiscal fourth-quarter sales that missed estimates as some customers -- concerned about sluggish economic growth -- put off purchases.
Symantec Corp., a maker of computer security software, dropped the most in more than two years after saying fiscal fourth-quarter sales and profit were less than forecast, citing a drop in data-storage software contracts.